Devyani International Balance Sheet Health
Financial Health criteria checks 2/6
Devyani International has a total shareholder equity of ₹10.2B and total debt of ₹16.8B, which brings its debt-to-equity ratio to 164.5%. Its total assets and total liabilities are ₹31.3B and ₹21.1B respectively. Devyani International's EBIT is ₹2.9B making its interest coverage ratio 1.8. It has cash and short-term investments of ₹532.0M.
Key information
164.5%
Debt to equity ratio
₹16.83b
Debt
| Interest coverage ratio | 1.8x |
| Cash | ₹532.02m |
| Equity | ₹10.23b |
| Total liabilities | ₹21.07b |
| Total assets | ₹31.30b |
Recent financial health updates
Recent updates
The Return Trends At Devyani International (NSE:DEVYANI) Look Promising
Mar 28
Devyani International Limited's (NSE:DEVYANI) Share Price Could Signal Some Risk
Mar 02Is Devyani International (NSE:DEVYANI) Using Too Much Debt?
Jan 24Devyani International (NSE:DEVYANI) Is Experiencing Growth In Returns On Capital
Nov 10Returns Are Gaining Momentum At Devyani International (NSE:DEVYANI)
Jul 04Does Devyani International (NSE:DEVYANI) Deserve A Spot On Your Watchlist?
May 22Devyani International (NSE:DEVYANI) Is Looking To Continue Growing Its Returns On Capital
Mar 28Devyani International Limited's (NSE:DEVYANI) Shares May Have Run Too Fast Too Soon
Feb 11Devyani International (NSE:DEVYANI) Is Looking To Continue Growing Its Returns On Capital
Dec 25Earnings Miss: Devyani International Limited Missed EPS By 18% And Analysts Are Revising Their Forecasts
Nov 07Returns At Devyani International (NSE:DEVYANI) Are On The Way Up
Sep 12We Think That There Are Issues Underlying Devyani International's (NSE:DEVYANI) Earnings
May 10Financial Position Analysis
Short Term Liabilities: DEVYANI's short term assets (₹2.9B) do not cover its short term liabilities (₹5.9B).
Long Term Liabilities: DEVYANI's short term assets (₹2.9B) do not cover its long term liabilities (₹15.2B).
Debt to Equity History and Analysis
Debt Level: DEVYANI's net debt to equity ratio (159.3%) is considered high.
Reducing Debt: DEVYANI had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: DEVYANI's debt is well covered by operating cash flow (37.6%).
Interest Coverage: DEVYANI's interest payments on its debt are not well covered by EBIT (1.8x coverage).